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There's a huge difference between an average person in a random place investing $10K left over after their bills are paid, and an SF tech employee working with
by doublement 7y ago
There's a huge difference between an average person in a random place investing $10K left over after their bills are paid, and an SF tech employee working with at 5-10 times that amount.
- tempsy 7y agoAgain depends. Not everyone is working at a FAANG, meaning if they have been working at private tech co yet to IPO then their equity comp is all illiquid so they don’t necessarily have a ton of cash.